Scapa, which supplies adhesive bonding for electronics and medical equipment, reports that current trading is in line with expectations against continued macroeconomic uncertainty.
In a trading update for the six months ended September 30th 2012, it says: "Group revenue and operating profits are ahead of the same period last year and in line with expectations. The operating profit continues to improve and we remain net cash positive with strong cash flow increasing net cash to £8.5m."
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
The AIM-listed company, with a market cap of approximately £98m, expects to announce its interim results on November 27th, 2012.
Consensus forecasts for the year ending December 31st 2012 are for pre-tax profits of £11.5m, on turnover of £213.3m, putting it on a forward price earnings ratio of 14.3.
CM
-
Two thirds of easy access savings accounts come with restrictions – can you access your savings in an emergency?Out of the top 30 easy access savings on the market, 22 come with some sort of restriction on how fast you can access your money, according to new research.
-
Most popular London boroughs: Full list of in-demand places to move toA deluge of people move to or within Britain’s capital each year – but which area is the most popular? We look at the most in-demand London boroughs in 2025.
